Intel Corporation
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INTC bull flag

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INTC looks to be creating a bull flag on the daily chart with a clear upward momentum. All EMAS are facing upward in a strong way. The volume is strong and the RSI remains up trending. After the green fib was taken the famous .5 fib seems to be the next target. Since flags like to mistreat me lately I am predicting a massive bounce off this fib to the golden .5. This is a text book momentum play. I am long here.

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